HIGHTSTOWN & TRENTON, N.J. – The NJCUL and NJ Division of Banking have scheduled a training session for credit unions interested in becoming eligible depositories for local government entities including counties, municipalities, and school boards.

The final rules to implement the municipal deposit (GUDPA) reform enacted last year will be published in early September. The training session will provide participants with all the information necessary to be added to the list of approved depositories.

The session is scheduled for Thursday, September 13 from 9:30-11:30 a.m. at the League office and is open to all New Jersey credit unions. There is no charge to attend.